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antidumping

   Also found in: Financial, Wikipedia 0.01 sec.
an·ti·dump·ing  (nt-dmpng, nt-)
adj.
Intended to discourage importation and sale of foreign-made goods at prices substantially below domestic prices for the same items.


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As tariffs on goods fall and quotas are removed, numerous developing countries, led by China and India, are using antidumping and other "trade remedy" laws to protect their domestic markets from imports.
This action came in response to a July 23 antidumping petition filed by DAK Americas, LLC, Nan Ya Plastic Corp.
Introduction and Previous Literature Although business news in the developed world tends to emphasize trade policy enforcement by the two large economic powers, the European Union (EU) and the United States, the use of antidumping has become very widespread--39 other World Trade Organization (WTO) member countries (and possibly other nonmembers) initiated antidumping cases over the 1995-2003 period.
 
 
 
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